Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance. Bitcoin (BTC) may only see support at $94,000 if a fresh BTC…

Wednesday, May 28, 2025 | 2 a.m. Editor’s note: “Behind the News” is the product of Sun staff assisted by the Sun’s AI lab, which includes a variety of tools such as Anthropic’s Claude, Perplexity AI, Google Gemini and ChatGPT. The Bitcoin Conference, running through Thursday at the Venetian Convention and Expo Center, is the…

Bitcoin BTC held steady near $109,000 early Wednesday as traders bet on fresh highs in the coming months, with ether ETH rising over 3% after renewed confidence in Ethereum’s long-term strategy and broader institutional activity. U.S. equities surged following the Memorial Day weekend, led by a 2% gain in the Nasdaq, as investors shrugged off…

In brief AI and Crypto Czar David Sacks appeared at Bitcoin 2025 in Las Vegas on Tuesday. Sacks suggested that the Strategic Bitcoin Reserve can be expanded by buying more Bitcoin—if done in a budget-neutral way. Sacks emphasized that the future of both AI and Bitcoin is closely tied to energy infrastructure, urging more domestic…

Bitcoin has always been compared to gold. As time went by, the safe haven reputation of Bitcoin only strengthened. However, Bitcoin was conceived as an alternative cash system, and Bitcoin enthusiasts still greet businesses that have started accepting bitcoins. What are the chances that Bitcoin will eventually become a regular means of exchange? Safe haven…

The 11 U.S.-listed spot bitcoin exchange-traded funds (ETF) have registered a net inflow of $5.77 billion this month, the highest since November, according to data source SoSoValue. Most of these bets have been bold directional plays, with interest in cash-and-carry arbitrage plays picking up recently. Such has been the investor demand that these ETFs have…

At the Bitcoin 2025 Conference, a session titled “Making America the Global Bitcoin Superpower” conveyed a clear message: the United States is committed to embracing Bitcoin (BTC) and leading the global market.  Key speakers Bo Hines, the White House Executive Director for digital assets, and Tyler Williams from the US Treasury Department, alongside moderator Miles…

Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company said it was raising $50 million through bonds. The bonds are issued in $1.25 million denominations and carry no interest. Investors will not…

Tether (USDT) introduces QVAC, enabling peer-to-peer intelligence (Photo Illustration by … More Costfoto/NurPhoto) NurPhoto via Getty Images The pace of technological change has never felt more relentless. Yet for much of the world, innovation remains a distant promise. Paolo Ardoino, CEO of Tether, says the convergence of Bitcoin and AI may finally change that by…

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